2020 CVE to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CVE to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CVE to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 41.6523. Conversely, the yearly low was recorded on March 18, dropping to 15.5613.
This high-to-low spread represents a total annual volatility of 26.0910 COP. From a start-to-finish perspective, comparing the January average rate of 33.2201 to the December average rate of 38.0862, the exchange rate registered a net change of 14.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 41.6523 was up 18.63% compared to the 2019 peak of 35.1104, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CVE to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 36.5486, compared to 39.3943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8457 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 25.6344 COP (High: 41.1957 / Low: 15.5613). On the other end, October was the most stable month, with a tight range of 0.9704 COP (High: 41.0627 / Low: 40.0923).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.3446 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 40.4962) against the same month in 2019 (average: 34.3030), the exchange rate shifted by +6.1932 (+18.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.1410 | 32.5371 | 33.2201 |
| February | 34.6009 | 33.0921 | 33.5865 |
| March | 41.1957 | 15.5613 | 37.8887 |
| April | 40.3875 | 37.8305 | 38.9679 |
| May | 39.0982 | 37.0839 | 37.9773 |
| June | 38.6619 | 36.3348 | 37.6510 |
| July | 39.8783 | 36.6811 | 37.6902 |
| August | 41.6523 | 39.5247 | 40.4962 |
| September | 41.0424 | 39.0065 | 39.9701 |
| October | 41.0627 | 40.0923 | 40.7339 |
| November | 40.9041 | 38.7513 | 39.3893 |
| December | 38.8035 | 37.3955 | 38.0862 |